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Two-speed economy a conundrum for RBA

Sydney has led the housing boom with prices up 13.2 per cent in November from a year earlier, according to CoreLogic RP Data's home value index .


AUSTRALIA'S two-speed economy is back - only this time, Sydney is leading an east coast boom while mining states lag.

Australia's biggest city contributed 38 per cent of the country's growth in the year through June, up from an average of 22 per cent in the past 24 years,